With the entry into force of the GENIUS Act, the United States officially banned income-generating stablecoins, directly cutting off investors’ channels for obtaining interest through stablecoins.
This move is believed to drive funds back to the native ecology of mainstream public chains such as Ethereum, especially the rapid increase in demand for on-chain income tools.
As the core of the DeFi ecosystem, Ethereum undertakes more than 70% of decentralized financial applications. It has become an important way for many people to make stable money through staking and on-chain services. [Read more…] about ETH ecosystem rises, GoldenMiningETH contract stable income of $7,300